Stealthy startup Averail has raised $6 million in Series A funding led by Foundation Capital and Storm Ventures. In addition, the company has appointed Paul Holland, General Partner at Foundation Capital, and Tae Hea Nahm, Managing Director at Storm Ventures, to its Board of Directors.
While some of the details have not been released, Averail is developing a mobile content management technology that wants to help employees share enterprise documents on mobile devices. Founded by John Drewry and Rahul Sharma, the company plans to use the funds towards product development and expansion.
As Drewry explains, large companies managing sensitive data and documents face different challenges on mobile platforms than on PCs.
Drewry previously held positions at Motorola and 3Com, and co-founded mobile enterprise startup, Orative, which was acquired by Cisco in 2006. Sharma previously held senior engineering roles at Microsoft, Motorola and Sun Microsystems.
The company says that the product is currently in testing right now and will be available in the second half of 2012.
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